Siyanga Malumo is an optimistic man. The power sector veteran and Chairman of CEC Africa makes a compelling case for shareholders to remain optimistic in his letter to shareholders in the CEC Africa 2017 annual report. The chairman is placing most of his faith in the fact that their Nigerian story has an opportunity of […]
Since the energy crisis of the 1970’s, Americans have been searching for ways to use our natural resources safely and efficiently. And since the release of the documentary An Inconvenient Truth in 2006, buzzwords and catchphrases like global warming, climate change, renewable energy, and sustainable energy have become a part of the American lexicon. But what does […]
Puma continues to pride itself over its safety record. This was evident when we reviewed their 2017 annual report for the year under review saw no deaths according to their Board Chairman JJ Sikazwe. In fact, although their record indicated a one point improvement in 2017 compared to 2016, road traffic accidents stood out as […]
On 30 January 2018, CDC and A P Moller Capital announced that they had made a bid to acquire Copperbelt Energy Corporation. According to the CEC website, the company is majority owned by Zambian Energy Corporation (“Ireland”) Limited (“ZECI”) which holds 52% shareholding whilst the balance of 48% is held by various institutional and retail […]
Chairman of CEC Mr. Hanson Sindowe has every right to be a proud man. His company is in the spotlight following an approach from CDC for a substantial stake in the company. However, that’s not the only reason. The Company recently recorded a profit after tax of ZMW534 million compared to a loss of ZMW1,161 […]
While many pundits were busy looking at the English premier league transfer window, FiZ had its eyes set on another transfer of significant importance. Through SENS announcement of 30th January 2018, news broke out regarding a firm intention to make a binding offer for all of the ordinary shares of Copperbelt Energy Corporation PLC for […]
This week was special for TFHZPC. Not only was I returning to a place I used call home for 3 years while pursing my first post graduate qualification, I was attending the UCT graduate school of business power sector reform training. Professor Anton Eberhard has been conducting the program for executives for many years now […]
The board of CECA is having an interesting time in Nigeria. Although they pledged to investors that they would ensure a return on investment, the market Nigeria is proving to be perilous. In the board’s statement to shareholders published 7 September 2017, they cited the following as some of the challenges in that market: Volatility […]
It has been a busy year for FQM in the Zambian mining industry. In what was analogous to a Mexican standoff, the company reported in is September 14 press release that an agreement had finally been reached regarding how much the firm would be paying for energy for the remainder of 2017. The terms of […]
Being a land locked country, Zambia has certain limitations when it comes to national choices that involve strategic pursuits that can foster development. The requirement that bilateral agreements will more often be the difference between access to new foreign markets or naught should serve as a signal to purse disruptive technology as a means to […]
Energy
